The government has been urged to involve more consumers in the development of the pensions dashboard as YouGov research showed more than 90% have not heard about it.
In its online survey of 2,207 adults from 17 to 18 August, 27% wrongly thought the dashboard would provide them with financial advice while 19% mistakenly believed it would allow them to pay into pensions....
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.